Residential : House Builders & Developers News
New Wembdon neighbourhood begins to take shape as launch draws closer

New Wembdon neighbourhood begins to take shape as launch draws closer

A brand-new neighbourhood is coming to life in Wembdon as construction continues at Centenary Heights. The 109-home development, being delivered by South West housebuilder Cavanna Homes in partnership with Martin Grant Land, will welcome its first prospective buyers when homes are released to registered customers in August 2026. As construction

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Canary Wharf’s next vertical neighbourhood approved at 77 Marsh Wall

Canary Wharf’s next vertical neighbourhood approved at 77 Marsh Wall

Plans for a 54-storey residential tower at Canary Wharf have secured planning approval, paving the way for one of the UK’s largest integrated multi-tenure housing developments. Developer Areli and British Airways Pension Trustees have received consent from the London Borough of Tower Hamlets to redevelop 77 Marsh Wall, replacing the

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Work starting on latest phase of Plasdŵr

Work starting on latest phase of Plasdŵr

A land deal has been completed on the latest phase of Plasdŵr, with infrastructure works starting imminently. Edenstone and Codi have formed a joint venture to deliver Porth yr Awen, a £55 million development of 184 new homes on Parcel 2C of the 900-acre neighbourhood, which will eventually provide around

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https://bdcmagazine.com/2026/07/vistry-secures-11-acre-mansfield-site-for-178-affordable-homes/

Vistry secures 11-acre Mansfield site for 178 affordable homes

Vistry, the UK’s leading provider of mixed-tenure homes, has exchanged contracts to acquire an 11-acre site in northwest Mansfield, Nottinghamshire, where it plans to deliver 178 affordable homes. The Penniment Lane site has been acquired from Persimmon and will be brought forward as a 100% affordable housing scheme, helping to

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Manchester Green Quarter Set for 251-Home Residential Tower

Manchester Green Quarter Set for 251-Home Residential Tower

Manchester’s rapidly expanding Green Quarter is set to welcome another landmark residential development after Linear Living secured planning approval for a 24-storey apartment scheme that will deliver 251 new homes in one of the city’s most sought-after urban neighbourhoods. Located on Lord Street, the development will provide a mix of

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Middlewood Locks Secures Fresh Funding for 909-Home Expansion

Middlewood Locks Secures Fresh Funding for 909-Home Expansion

The next phase of the landmark £1 billion Middlewood Locks regeneration has moved a significant step closer following a new funding agreement from the National Housing Bank, paving the way for a major residential expansion in Salford. The government-backed investment will support site preparation, enabling works and detailed design for

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Latest Issue
Issue 342 : Jul 2026

Residential : House Builders & Developers News

New Wembdon neighbourhood begins to take shape as launch draws closer

New Wembdon neighbourhood begins to take shape as launch draws closer

A brand-new neighbourhood is coming to life in Wembdon as construction continues at Centenary Heights. The 109-home development, being delivered by South West housebuilder Cavanna Homes in partnership with Martin Grant Land, will welcome its first prospective buyers when homes are released to registered customers in August 2026. As construction progresses, the development is already delivering benefits beyond the homes themselves, with more than £971,000 being invested into the local area to support schools, transport and community infrastructure across Bridgwater and Wembdon. The investment includes at least £595,574 towards primary education, £93,743 for early years provision, £96,889 to support local bus services, £139,767 for off-site highways improvements and £10,496 to enhance Public Rights of Way. Land has also been set aside for a new primary school, neighbourhood centre and extensive play areas, helping to create a thriving new community alongside the new homes. Located on the edge of Wembdon, Centenary Heights will offer a collection of two, three and four-bedroom homes, carefully designed to complement the character of the local area while making the most of its setting between Bridgwater and the Somerset countryside. Infrastructure and groundwork are now well underway, with the development steadily taking shape as construction continues towards its first sales launch later this summer. Hannah Newnes, Sales and Marketing Director at Cavanna Homes, said: “There’s a real sense of momentum on site now. It’s always exciting when you reach the stage where people can begin to picture what a new community will become, and that’s exactly what’s happening at Centenary Heights. “We know there’s strong demand in this part of Bridgwater from people who want to stay local but are looking for a high-quality new home. One of the real strengths of this development is the range of homes available, giving first-time buyers, growing families and downsizers genuine choice in one location. “Just as importantly, it’s about creating a place that will serve the community for years to come. Alongside the new homes, there’s significant investment in schools, transport and local infrastructure, as well as land for future community facilities, helping to ensure the development makes a positive contribution to the wider area. “We’re looking forward to welcoming our first visitors later this August and giving them the opportunity to see everything Centenary Heights has to offer.” Further details, including house types, pricing and launch dates, will be announced in the coming weeks. To register interest and be among the first to hear about the launch, visit cavannahomes.co.uk. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Canary Wharf’s next vertical neighbourhood approved at 77 Marsh Wall

Canary Wharf’s next vertical neighbourhood approved at 77 Marsh Wall

Plans for a 54-storey residential tower at Canary Wharf have secured planning approval, paving the way for one of the UK’s largest integrated multi-tenure housing developments. Developer Areli and British Airways Pension Trustees have received consent from the London Borough of Tower Hamlets to redevelop 77 Marsh Wall, replacing the site’s existing 17-storey office building with a 190-metre-high tower providing 820 homes. The early 1990s office block will be demolished to make way for a new mixed-tenure residential community designed by Patel Taylor. The development will bring together build-to-rent apartments, serviced accommodation, co-living homes, intermediate housing and social rented properties within a single scheme. Areli said the project would create one of London’s broadest housing offers, with affordable homes fully integrated throughout the development rather than delivered as a separate element. The concrete-framed tower will rise from a three-storey podium incorporating more than 3,100 sq m of publicly accessible open space. Proposals include a new Dockside Garden and Community Garden, alongside almost 200 sq m of community facilities and approximately 430 sq m of retail space. Residents will also have access to a comprehensive range of shared amenities, including co-working areas, a cinema, gym, swimming pool, communal kitchens, lounges and landscaped terraces. The consultant team includes Gardiner & Theobald as quantity surveyor, while Aecom is providing structural engineering and building services design. Areli estimates that the redevelopment could support approximately 2,200 construction jobs each year during the build programme. Once operational, the completed development is expected to create the equivalent of 151 full-time jobs. Rob Tincknell, founder and chief executive of Areli, said the consent would allow the developer to progress a scheme bringing together a genuinely broad range of housing options alongside an integrated affordable housing provision. “We’re extremely pleased to have secured consent for 77 Marsh Wall, which allows us to move ahead with delivering a scheme that brings together a genuinely broad range of homes that make this development the largest of its kind in the UK, alongside a fully integrated on-site affordable housing offer,” he said. Tincknell established Areli in 2018 after previously leading the Battersea Power Station regeneration. The 77 Marsh Wall approval represents the developer’s fourth major residential planning consent in the past year, increasing its consented development pipeline to almost 3,000 homes. The project will add further momentum to the transformation of the Isle of Dogs and Canary Wharf, where former commercial sites are increasingly being redeveloped as high-density, mixed-use residential neighbourhoods. Details of the construction timetable and main contractor procurement process have yet to be announced. Building, Design & Construction Magazine | The Choice of Industry Professionals

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£2.5bn Royal Docks Regeneration Moves Closer as 5,000-Home Waterfront Scheme Targets 2028 Start

£2.5bn Royal Docks Regeneration Moves Closer as 5,000-Home Waterfront Scheme Targets 2028 Start

One of London’s largest waterfront regeneration projects has taken a major step forward, with developer Arada confirming plans to begin construction on its landmark £2.5 billion Thameside West development in early 2028. The Dubai-based developer is accelerating preparations for the transformation of the 47-acre brownfield site in the Royal Docks, with a planning application for the first phase expected to be submitted later this summer. The opening stage of the development will deliver approximately 1,500 homes across six residential buildings, forming the first chapter of a wider masterplan that will create at least 5,000 new homes on one of central London’s largest undeveloped stretches of riverfront. Arada has appointed an experienced professional team to deliver the first phase, with architecture practice Gensler, engineering consultancy Arup and landscape architects Planit leading the design and technical work ahead of the planning submission. Located on the north bank of the River Thames, the site occupies a prime position overlooking Canary Wharf and the Greenwich Peninsula. Once complete, the regeneration will deliver a vibrant mixed-use neighbourhood featuring new homes, public spaces and extensive riverside amenities designed to reconnect the area with London’s waterfront. The wider masterplan includes a commitment to provide at least 35% affordable housing, alongside a kilometre of publicly accessible waterfront and landscaped green space covering around half of the site. The proposals are intended to create a highly sustainable, people-focused neighbourhood that balances residential development with high-quality public realm and biodiversity enhancements. Ahead of submitting revised plans, Arada has confirmed that the first phase has been comprehensively redesigned to comply with the latest building safety legislation and regulatory requirements, reflecting the industry’s continued focus on delivering safer, more resilient residential developments. A significant infrastructure element of the project will also see Arada working alongside Transport for London to deliver a new Docklands Light Railway station. The station is expected to be operational before the first residents move into the development, significantly improving connectivity across the Royal Docks and supporting long-term growth in east London. Construction will be undertaken by Arada London through the company’s vertically integrated delivery model, which combines planning, construction, sales and long-term asset management under one organisation. The approach is intended to streamline project delivery while maintaining greater control over quality, programme and long-term stewardship of the development. For the construction and property sectors, Thameside West represents one of the UK’s most significant mixed-use regeneration opportunities, creating substantial demand across residential construction, civil engineering, infrastructure, landscaping, public realm, utilities and specialist supply chains over the coming years. The development is being delivered in partnership with the Greater London Authority’s property company, GLAP, and forms a key component of the wider Royal Docks regeneration programme, which aims to deliver more than 36,000 new homes and create around 55,000 jobs over the next two decades. If approved, Thameside West will transform one of London’s last major undeveloped riverfront sites into a thriving new neighbourhood, reinforcing the Royal Docks’ position as one of the capital’s most ambitious regeneration and development hotspots. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Work starting on latest phase of Plasdŵr

Work starting on latest phase of Plasdŵr

A land deal has been completed on the latest phase of Plasdŵr, with infrastructure works starting imminently. Edenstone and Codi have formed a joint venture to deliver Porth yr Awen, a £55 million development of 184 new homes on Parcel 2C of the 900-acre neighbourhood, which will eventually provide around 7,000 homes. Simon Lewis, development manager at Codi, said: “It’s exciting to reach this stage of the project, with work soon due to begin at Porth yr Awen. Every new development like this helps us provide more affordable homes for people who need them, while creating places where communities can grow and thrive. “Working alongside Edenstone, we’re looking forward to bringing Porth yr Awen to life and creating a well-designed, mixed-tenure neighbourhood that people will be proud to call home.” Edenstone operations director Chris Edge said: “The initial phase of works will see the construction of a spine road into Porth yr Awen, creating access for the infrastructure works that will prepare this development and phases beyond for new homes. Once this access route is created, work will commence on the homes along the tree lined avenue.” Designed as a contemporary, urban neighbourhood, Porth yr Awen will feature modern housing, thoughtfully integrated green spaces and landscaped areas that shape a welcoming community environment. Porth yr Awen will provide 127 open market properties and 57 affordable homes, offering a mix of one, two, three and four-bedroom homes and apartments. Designed to achieve the highest Energy Performance Certificate rating of A, the homes will be among the most efficient homes available. The affordable housing will include intermediate rental and low-cost homeownership options, ensuring a balanced and inclusive community. It’s anticipated the first homes will be released for sale in early 2027 with the first residents expected to move into Porth yr Awen later that year. The development has been designed around a tree-lined spine road linking the entrance to a network of open spaces, helping create a connected, pedestrian-friendly neighbourhood for residents. The land acquired by the partnership is Parcel 2C of Plasdŵr, Cardiff’s £2 billion garden city of 7,000 homes, planned over a 900 acre-site bordering Radyr, Danescourt, Fairwater, Pentrebane and St Fagans. Plasdŵr is a strategic site to the north west of the capital city, identified in Cardiff’s Local Development Plan as key to the city’s economic growth. Nick Lawley, director at Cooke & Arkwright, advisors to the landowners at Plasdŵr, said: “The landowners at Plasdŵr have a long term vision to create a new community within Cardiff where residents can live in a sustainable quality environment with the full range of local amenities. We are pleased to welcome Codi and Edenstone as the latest developers to be building at Plasdŵr.” Headquartered in Magor, Edenstone is one of Wales’s largest privately owned residential developers, with mixed-tenure developments underway across South Wales and the West of England. The company has a strong track record of partnership working, alongside its credentials in placemaking and sustainability-led delivery. Codi Group is Wales’ largest provider of housing, care and support services – manages close to 25,000 homes across the country and has ambitious plans to deliver more than 4,500 new homes over the next five years. Formed through the merger of Linc Cymru and Pobl Group in 2024, Codi brings together significant experience in housing delivery and community investment, alongside a strong commitment to helping people and communities thrive. For further information, visit edenstonehomes.com or codigroup.co.uk.  Building, Design & Construction Magazine | The Choice of Industry Professionals

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Solihull Approves 228 Affordable Homes as Town Centre Regeneration Gains Momentum

Solihull Approves 228 Affordable Homes as Town Centre Regeneration Gains Momentum

A major affordable housing development has been approved in Solihull, paving the way for the delivery of 228 new apartments as part of the wider regeneration of the town centre. Affordable homes developer Habiko has secured planning permission for a mansion block-inspired residential scheme, marking the partnership’s first development in the West Midlands. The project forms the second phase of the ambitious Holbeche Place masterplan, which will ultimately deliver around 1,600 new homes alongside retail, leisure and public realm improvements. The development is being brought forward by Habiko, the affordable housing joint venture between Pension Insurance Corporation, Muse and Homes England. It will provide 228 one and two-bedroom apartments for rent, with homes offered at around 20% below local market rates to help improve housing affordability across the area. Designed around low-carbon and low-energy principles, the scheme takes architectural inspiration from traditional Victorian mansion blocks, featuring a distinctive red brick façade complemented by landscaped communal gardens, secure cycle storage, EV-enabled parking and active ground-floor retail units. Its location places residents within easy reach of Solihull railway station, Birmingham International and the future HS2 Interchange, creating strong transport connections while supporting sustainable travel and town centre living. The approval comes as work continues to gather pace across the wider Holbeche Place regeneration programme. Graham Construction is preparing to begin demolition of the Mell Square multi-storey car park later this summer, clearing the way for the first phase of the masterplan, which will deliver almost 350 build-to-rent apartments. Developed in partnership with Solihull Council since 2023, the wider regeneration is designed to reshape the town centre in response to changing retail patterns and evolving lifestyles. Alongside new homes, the masterplan will introduce a mix of shops, cafés and restaurants, creating a more diverse and vibrant destination that extends activity beyond traditional shopping hours. A key feature of the proposals is the creation of two new public spaces, Drury Gardens and Poplar Yard, together with flexible green areas designed to encourage community interaction and outdoor activity. The masterplan also places a strong emphasis on improving the public realm, reducing vehicle dominance and creating a more pedestrian-friendly environment through new streets, walking routes and landscaped civic spaces. For the construction and property sectors, the approval represents another significant milestone in the ongoing transformation of UK town centres, demonstrating how mixed-use regeneration can successfully combine affordable housing, placemaking and sustainable design. By delivering high-quality homes alongside improved public spaces and commercial uses, the Holbeche Place masterplan is set to play a central role in Solihull’s long-term economic and residential growth. Once complete, the regeneration will establish a modern, mixed-use neighbourhood that responds to changing patterns of living, working and leisure while creating a more connected and resilient town centre for future generations. Building, Design & Construction Magazine | The Choice of Industry Professionals

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https://bdcmagazine.com/2026/07/vistry-secures-11-acre-mansfield-site-for-178-affordable-homes/

Vistry secures 11-acre Mansfield site for 178 affordable homes

Vistry, the UK’s leading provider of mixed-tenure homes, has exchanged contracts to acquire an 11-acre site in northwest Mansfield, Nottinghamshire, where it plans to deliver 178 affordable homes. The Penniment Lane site has been acquired from Persimmon and will be brought forward as a 100% affordable housing scheme, helping to meet strong local demand for high-quality homes. Dave Bradley, Managing Director of Vistry North Midlands, said: “This is an important step forward for Penniment Lane and for the wider Mansfield area. The scheme will provide 178 much-needed affordable homes, helping more local people access high-quality housing in a well-connected location. “I would also like to thank everyone involved in bringing this agreement together. What would usually take months was progressed and exchanged in a matter of days, which is testament to the commitment, collaboration and determination of all parties involved.” For more information, quotes and a plan of the site please see below and attached. Best wishes, Vistry North Midlands Vistry secures 11-acre Mansfield site for 178 affordable homes Vistry, the UK’s leading provider of mixed-tenure homes, has exchanged contracts to acquire an 11-acre site in northwest Mansfield, Nottinghamshire, where it plans to deliver 178 affordable homes. The Penniment Lane site has been acquired from Persimmon and will be brought forward as a 100% affordable housing scheme, helping to meet strong local demand for high-quality homes. Dave Bradley, Managing Director of Vistry North Midlands, said: “This is an important step forward for Penniment Lane and for the wider Mansfield area. The scheme will provide 178 much-needed affordable homes, helping more local people access high-quality housing in a well-connected location. “I would also like to thank everyone involved in bringing this agreement together. What would usually take months was progressed and exchanged in a matter of days, which is testament to the commitment, collaboration and determination of all parties involved.” Lauren Jeffrey, Residential Development Partner at Gateley Legal, added: “We are pleased to have supported Vistry with residential development and planning advice to facilitate the exchange of contracts at Penniment Lane. It was a true team effort to get this over the line within such a quick time frame, and it’s great to see the scheme move forward and contribute to the delivery of much-needed affordable housing.” The development will become a key addition to Vistry North Midlands’ delivery pipeline and reflects the company’s continued focus on working with landowners, housing providers and local authorities to create sustainable places and lasting community value. A planning application is expected to be submitted in the coming months, with work anticipated to start on site in spring 2027, subject to approvals. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Major milestone for Glasgow Waters as first residential plans lodged for £100million co-living development at Yorkhill Quay

Major milestone for Glasgow Waters as first residential plans lodged for £100million co-living development at Yorkhill Quay

Set to deliver more than 500 new waterside homes, the scheme will establish a new waterfront landmark for Glasgow, with panoramic views of the city centre, vibrant ground floor uses including cafés and leisure, and an elegant colonnade. Plans have been submitted for the first homes at Yorkhill Quay, a key neighbourhood within Peel Waters’ transformational Glasgow Waters district – one of Glasgow’s most significant regeneration projects, marking a major milestone in revitalising the city’s Clyde waterfront. Submitted by waterside regeneration specialists Peel Waters in conjunction with national property developer Urban Pulse, the proposals for 526 units will deliver a distinctive new waterside co-living development at Yorkhill Quay, helping to meet growing demand for high-quality, flexible rental living in Glasgow. The scheme has been carefully designed by Anomaly Architects to respond to its prominent riverside setting, featuring a series of contemporary, stepped towers. The design steps down towards the River Clyde, incorporating generous shared terraces with views across the water and creating a more human-scale frontage along the new waterfront promenade. A vibrant, active ground floor for future retail, leisure and amenity use will animate the quayside, with internal uses opening onto a sheltered colonnade – a covered, column-lined walkway designed to bring the quayside to life – to enhance the public realm and encourage interaction between residents and visitors. Residents will benefit from a central reception and amenity spaces, extensive shared facilities, and high-quality landscaped areas designed to foster community living. The development also includes a two-storey podium that helps balance the scale between the riverside and surrounding buildings, while accommodating practical elements such as cycle storage and plant space, enabling more active uses at ground level. The eastern tower has been designed as a landmark feature within the emerging skyline, with the potential for a distinctive roofscape and elevated amenity spaces offering panoramic views back towards Glasgow city centre. The proposals build on the outline planning consent secured by Peel Waters in July 2024 for Yorkhill Quay, which will deliver around 1,100 homes, alongside leisure uses and new public spaces. They also follow the commencement of £3.75 million infrastructure works currently underway and funded by Peel Waters, which will unlock the site for development and deliver a new 400-metre waterfront promenade connecting the Riverside Museum and The Clydeside Distillery. James Whittaker, Managing Director of Peel Waters, said: “Submitting plans for the first homes at Yorkhill Quay is a hugely significant moment for Glasgow Waters. It brings our vision for this part of the River Clyde a step closer to reality and demonstrates the strong momentum now building across our emerging new district. “Urban Pulse’s proposals for a high-quality co-living scheme will introduce a new, flexible way of living to Glasgow Waters, helping to create a vibrant and diverse community from the outset. Alongside the infrastructure works already underway, this is another important step in transforming Yorkhill Quay into a welcoming, well-connected waterfront neighbourhood.” James Paterson, Director at Urban Pulse, added: “We are excited to submit plans for our co-living development at Yorkhill Quay, which we believe will set a new benchmark for this type of living in Glasgow. “Our vision is to create a high-quality, design-led scheme that not only provides much-needed homes but also fosters a strong sense of community through generous shared spaces, amenity and a close relationship with the surrounding waterfront. This will be the first location in Glasgow where you can live, work and play on the waterside which makes this a truly unique and exciting opportunity.” Yorkhill Quay forms a key part of Peel Waters’ wider Glasgow Waters masterplan, a 13-acre mixed-use regeneration project transforming a former brownfield site into a thriving waterfront district. Once complete, the neighbourhood will deliver new homes, jobs, public spaces and improved connectivity, helping to reconnect communities along the River Clyde and create a vibrant new destination for the city. The project team working on the development includes: Project Manager – Axiom Project Services Quantity Surveyor – Axiom Project Services Architect – Anomaly Civil & Structural Engineer – Renaissance Services Engineer – Hawthorne Boyle Landscape Architect – Oobe Planning Consultant – Iceni Projects Fire Engineer – Atelier Ten Ecologist (BNG/PEA) – Enviro Centre CDM Principal Designer – Kirk and Marsh Building, Design & Construction Magazine | The Choice of Industry Professionals

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Manchester Green Quarter Set for 251-Home Residential Tower

Manchester Green Quarter Set for 251-Home Residential Tower

Manchester’s rapidly expanding Green Quarter is set to welcome another landmark residential development after Linear Living secured planning approval for a 24-storey apartment scheme that will deliver 251 new homes in one of the city’s most sought-after urban neighbourhoods. Located on Lord Street, the development will provide a mix of one and two-bedroom apartments, together with four townhouses, helping to meet growing demand for high-quality city-centre living. The scheme comprises 82 one-bedroom apartments, 165 two-bedroom homes and family-sized townhouses, creating a diverse residential offering suited to a range of occupiers. Construction is expected to commence before the end of the year, with completion targeted for early 2029. Linear Design and Construct has been appointed as main contractor and will deliver the scheme alongside a professional team that includes AEW Architects, planning consultants Enabl and project management specialist Rihbell. The project adds further momentum to the ongoing regeneration of Manchester’s Green Quarter, an area that has undergone significant residential-led transformation over the past decade. Benefiting from its location adjacent to Manchester Victoria Station, the development offers excellent connectivity to the city centre, regional rail services and the wider Greater Manchester transport network, making it an attractive location for residents seeking sustainable urban living. For the construction sector, the project represents another substantial high-rise residential development within Manchester’s thriving city-centre market, creating opportunities across structural engineering, façade systems, building services, fit-out, landscaping and specialist subcontracting disciplines. The scheme has been designed to contribute positively to the continuing evolution of the Green Quarter, supporting higher-density living while strengthening the area’s established mix of residential, leisure, hospitality and commercial uses. Developments of this nature continue to play an important role in meeting housing demand while encouraging investment into surrounding infrastructure and public realm. Stephen Holmes, Chief Executive Officer of Linear Living, described the planning approval as a major milestone for the business as it continues to expand across Greater Manchester and strengthen its presence within Manchester city centre. He added that the Green Quarter’s vibrant character, excellent transport links and proximity to a wide range of leisure and hospitality amenities make it an ideal location for a development of this scale. Holmes said the scheme is intended to become a defining addition to the neighbourhood and help shape the future of the Green Quarter for years to come. As Manchester continues to experience sustained investment in residential development, the approval of the Lord Street scheme further reinforces the city’s position as one of the UK’s strongest regional markets for high-density urban living, with developers continuing to bring forward high-quality homes in well-connected and highly desirable locations. Building, Design & Construction Magazine | The Choice of Industry Professionals

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The Hill Group bucks market trend as profits rise to record £92.5m and revenue hits £1.2bn

The Hill Group bucks market trend as profits rise to record £92.5m and revenue hits £1.2bn

Award-winning housebuilder The Hill Group has published its financial results for the year ending 31 March 2026, reporting increased turnover, profit and new homes completed despite restrained housing market conditions. The Group reported revenue of £1.164 billion and profit before tax of £92.5 million, having completed 3,329 new homes across its operations – all increases on the previous year’s figures. Net assets increased to £493.1 million and net cash rose to £129.1 million, with no drawings against the Group’s Revolving Credit Facility, reflecting the resilience of Hill’s diversified operating model and the successful delivery of the first year of its new five-year growth strategy. Land and work-in-progress increased to £733.9 million as the Group continued its policy of retaining the majority of annual profits to invest in future growth opportunities. Hill invested £54.6 million in new land acquisitions and strategic opportunities during the year, with commitments in place for a further £44.1 million of future investment. Hill’s development pipeline includes 10,800 homes with planning consent and a further 1,900 homes controlled on a subject-to-planning basis. In addition, Hill’s long-term strategic pipeline includes 29,900 homes owned or controlled under option and promotion agreements. Combined, the Group’s controlled pipeline has the potential to generate more than £14.5 billion of future revenue. Hill’s contracting pipeline also increased during the year to more than £5.6 billion, up from £4.8 billion the previous year. Andy Hill OBE, Founder and Group Chief Executive of The Hill Group, comments: “These results demonstrate the resilience of our business model and progress towards our long-term objectives. In a restrained market, we have continued to increase turnover, profit and completions while investing in future opportunities. Our contracting business continues to expand, and we remain confident in long-term demand for the high-quality homes that Hill has always been known for.” The Group further enhanced its financial flexibility in December 2025 through the successful refinancing of its Revolving Credit Facility with major lenders. The new £300 million facility extends through to 2030 and retains its Sustainability Linked Loan status, reflecting Hill’s continued commitment to environmental and social value objectives. Hill delivered a successful year in an uncertain sales market, with average selling prices of £520,000 reflecting a change in product mix as two-thirds of completed homes were apartments across London, Cambridge and Oxford. The Group’s Build-to-Rent (BTR) activities also continued to mature, with the completion and handover of many BTR homes at various locations across the South East and London. The business continued to perform well despite delayed starts on a number of high-rise buildings in London caused by protracted Building Safety Regulator approval processes. Activity improved during the year, with major regeneration projects, including City Centre South in Coventry, and Dollis Hill and Wembley in northwest London, progressing to construction stage. Hill also secured a major strategic land opportunity at Colworth in Bedfordshire, with the potential to deliver 4,500 new homes. The Group continued to invest in its people and communities, reaching approximately 1,000 employees and launching its new Social Value Strategy 2025-2030. Hill also retained its five-star status in the Home Builders Federation’s National New Homes Customer Survey for the ninth consecutive year. Andy Hill adds: “While market conditions remain challenging and economic uncertainty continues to impact buyer confidence, we remain optimistic about the future. Recent commitments to affordable housing investment provide greater certainty for the sector, and with a substantial strategic pipeline, a growing order book and an exceptional team in place, we are well positioned to deliver the ambitions set out in our 2025-2030 business plan.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Middlewood Locks Secures Fresh Funding for 909-Home Expansion

Middlewood Locks Secures Fresh Funding for 909-Home Expansion

The next phase of the landmark £1 billion Middlewood Locks regeneration has moved a significant step closer following a new funding agreement from the National Housing Bank, paving the way for a major residential expansion in Salford. The government-backed investment will support site preparation, enabling works and detailed design for the latest phase of development, which will deliver 909 new homes across a 10-acre site strategically located between Salford Central railway station and Manchester’s Spinningfields business district. Joint venture partners Scarborough Group International and Metro Holdings are aiming to begin construction early next year, with the first homes expected to be completed and occupied by 2030. The latest funding package increases total lending from Homes England and the National Housing Bank to £84 million. Earlier investment has already supported the successful delivery of 1,306 homes at Middlewood Locks, with all previous loans now fully repaid, demonstrating the scheme’s ongoing commercial success and delivery capability. The fourth phase of the regeneration comprises two substantial residential developments designed to further strengthen this growing mixed-use neighbourhood. Brick Fields Yard will deliver 659 apartments across two striking residential towers rising 27 and 32 storeys. The scheme will feature a landscaped podium garden alongside ground-floor commercial space, creating an active streetscape while providing high-quality amenities for residents. Meanwhile, Lockgate Wharf will introduce a further 250 canal-side apartments overlooking a new half-acre public park adjacent to the historic lock connecting the Manchester, Bolton & Bury Canal with the River Irwell. The public realm improvements will enhance connectivity while creating attractive waterfront spaces that contribute to the wider regeneration of the area. For the construction industry, the latest phase represents another significant high-rise residential opportunity within Greater Manchester, generating future work across civil engineering, structural construction, building services, façades, fit-out, landscaping and infrastructure. Paul Kelly, Managing Director at Scarborough Group International, described the funding agreement as a major milestone in unlocking the full potential of Middlewood Locks, helping deliver sustainable communities alongside much-needed new housing. A main contractor has yet to be formally appointed for the latest phase. However, Beijing Construction Engineering Group International (BCEGI), which successfully delivered the previous three residential phases comprising 1,306 homes, is widely expected to be a strong contender following its established track record on the development. As demand for high-quality city-centre living continues to grow across Greater Manchester, the continued expansion of Middlewood Locks reinforces the importance of long-term regeneration partnerships and public-sector-backed investment in bringing forward complex, large-scale residential developments. The latest phase will further strengthen one of the region’s most successful mixed-use regeneration schemes, combining new homes, commercial space, public realm and sustainable urban placemaking within a thriving waterfront community. Building, Design & Construction Magazine | The Choice of Industry Professionals

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